Dear clients, affiliates and friends,
Following the deadlock on its negotiations with the creditors and the expiration of the fiscal consolidation program, Greece has abruptly decided to call for a referendum and impose stringent capital controls-including banks closure and suspension of regulated markets until July 13th or further notice.
European Legal Consultancy (ELC) expresses its deep concern about the current situation of Greece, which it carefully monitors and evaluates so as to continue providing a comprehensive legal advice under these critical circumstances.
ELC, whose Swiss managing partner is a member of the Geneva Bar, has affiliatesin Zurich, Zug, Lausanne and Bern. This solid Swiss footing combined with a far reaching international presence- founding member of the Global Justice Network with partners in more than 25 jurisdictions- allowed us to adequately prepare in such times of crisis so as to maintain a proper legal support to all of our clients doing business in or with Greece. Our comprehensive structure and a prime financial and world banking practice allow us to continue providing our clients affected by events in Greece a complete service tailored to their needs.
We wish to thank you for your continuous trust, support and confidence and we hope that the present crisis will come to an end soon and that both Greece and Europe will come out of it stronger.